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5 Reasons to Lock Your Teen’s Prepaid Card

Locked Teen Prepaid Card

Prepaid cards are great for teens. There’s no credit check required to get one. There’s no risk of piling up debt or overdraft fees while using them. Most cards are widely accepted both in stores and online. The best offerings also have nice parental controls, like the ability to easily lock and unlock the card at any time. Once locked, the card can’t be used for purchases or participate in transfers until it is subsequently unlocked.

Why would you lock your teen’s card? Here are 5 common reasons:

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Positively Parenting and Personal Finance for Kids

Positively Parenting Interview: Teaching Kids Good Money Habits

Roxanne Lochridge is a “Mama” to 3 youngins, a positive parenting evangelist, and a “family scientist.” In a recent interview, Roxanne grilled me on the following topics:

Want to know the answers? You can listen to the interview here or click on the links above to jump right to the answer in the transcript below.